购赠协议doc.docx

上传人:b****5 文档编号:7503998 上传时间:2023-01-24 格式:DOCX 页数:8 大小:20.05KB
下载 相关 举报
购赠协议doc.docx_第1页
第1页 / 共8页
购赠协议doc.docx_第2页
第2页 / 共8页
购赠协议doc.docx_第3页
第3页 / 共8页
购赠协议doc.docx_第4页
第4页 / 共8页
购赠协议doc.docx_第5页
第5页 / 共8页
点击查看更多>>
下载资源
资源描述

购赠协议doc.docx

《购赠协议doc.docx》由会员分享,可在线阅读,更多相关《购赠协议doc.docx(8页珍藏版)》请在冰豆网上搜索。

购赠协议doc.docx

购赠协议doc

PurchaseandContributionAgreement购赠协议-

 

Section5.01.CovenantsofBBB.AtalltimesduringthetermofthisAgreement,unlesstheBuyershallotherwiseconsentinwriting:

 

(a)NoticeofDefault,EventofDefault,ServicerDefaultorContractTermination.PromptlyuponbecomingawareofanyDefault,EventofDefaultorServicerDefaultandpromptlyuponreceipt(ordelivery)byBBBofawrittennoticeofintenttoterminateanyContractoranoticeofbreachordefaultunderaContract,BBBshallgivetheBuyernoticethereof(and,ifapplicable,acopythereof),togetherwithawrittenstatementofaResponsibleOfficersettingforththematerialdetailsthereofandanyactionwithrespecttheretotakenorcontemplatedtobetakenbyBBB.

 

(b)NoticeofMaterialAdverseChange.Promptlyuponbecomingawarethereof,BBBshallgivetheBuyernoticeofanymaterialadversechangeinthebusiness,operations,orfinancialconditionofBBBwhichreasonablycouldaffectadverselyBBB’sabilitytofulfillitsobligationsunderthisAgreementoranyotherFacilityDocumenttowhichitisaparty.

 

(c)PreservationofCorporateExistence.BBBshallpreserveandmaintainitscorporateexistence,rights,franchisesandprivilegesinthejurisdictionofitsincorporation,andqualifyandremainqualifiedingoodstandingasaforeigncorporationineachjurisdictionwherethefailuretopreserveandmaintainsuchexistence,rights,franchises,privilegesandqualificationwouldmateriallyadverselyaffect(i)theinterestsoftheBuyerhereunderor(ii)theabilityofBBBtoperformitsobligationsunderthisAgreement.

 

(d)CompliancewithLaws.BBBwillcomplyinallmaterialrespectswithallapplicableLawsexceptwherethefailuretocomplycouldnotreasonablybeexpectedtohaveamaterialadverseeffectontheBuyer’srightsandinterestinandwithrespecttotheReceivablesortheabilityofBBBtoperformitsobligationsunderthisAgreementortheotherFacilityDocumentstowhichitisaparty.

 

(e)EnforceabilityofObligations.BBBshalltakesuchactionsasarecommerciallyreasonableandwithinitspowertocollecttheunpaidbalanceofeachReceivableandtoensurethattheobligationoftherelatedObligortopaytheunpaidbalanceofsuchReceivableinaccordancewiththetermsthereofremainsalegal,valid,bindingandenforceableobligationofsuchObligor.

 

(f)SystemsFailure.BBBshallpromptlynotifytheBuyerofanytotalsystemsfailureformorethanoneBusinessDaywithrespecttoitselfandshalladvisetheBuyeroftheestimatedtimerequiredtoremedysuchtotalsystemsfailure.Untilsuchatotalsystemsfailureisremedied,BBB(i)willfurnishtotheBuyersuchperiodicstatusreportsandotherinformationrelatingtosuchtotalsystemsfailureastheBuyermayreasonablyrequestand(ii)willpromptlynotifytheBuyerifBBBbelievesthatsuchtotalsystemsfailurecannotberemediedbytheestimateddate,whichnoticeshallincludeadescriptionofthecircumstanceswhichgaverisetosuchdelayandtheactionproposedtobetakeninresponsethereto.BBBshallpromptlynotifytheBuyerwhensuchatotalsystemsfailurehasbeenremedied.

 

(g)BooksandRecords.BBBwillkeepproperbooksofrecordandaccountinwhichfull,trueandcorrectentriesshallbemadeofalldealingsandtransactionsinrelationtoitsbusinessandactivities.

 

(h)FulfillmentofObligations.BBBwilldulyobserveandperformallmaterialobligationsandundertakingsonitsparttobeobservedandperformedunderorinconnectionwiththeReceivables,willdulyobserveandperformallmaterialprovisions,covenantsandotheragreementsrequiredtobeobservedbyitundertheContractstotheextentrelatingtoanyReceivable,willdonothingtoimpairtherights,titleandinterestoftheBuyerinandtotheTransferredAssetsexceptasexpresslypermittedhereunderandwillpaywhendueanytaxes,includingwithoutlimitationanysalestax,excisetaxorothersimilartaxorcharge,payableinconnectionwithsuchReceivablesandtheircreationandsatisfactionorwillproperlycontestthepaymentofanysuchtaxingoodfaithandbeforeacourtoradministrativebodyofappropriatejurisdiction.

 

(i)NoticeofRelocation.BBBshallgivetheBuyer15days’priorwrittennoticeofanyrelocationofitschiefexecutiveofficeorjurisdictionofincorporation.BBBwillatalltimesmaintainatitschiefexecutiveofficeanofficewherenotices,demandsandpresentationsinrespectofthisAgreementmaybegiventoormadeuponit.

 

(j)CompliancewithOpinionAssumptionsandLimitedLiabilityCompanyAgreement.BBBshallmaintaininplaceallpoliciesandprocedures,andtakeandcontinuetotakeallactions,describedintheassumptionsastofactssetforthin,andformingthebasisof,thebankruptcyopiniondeliveredtotheBuyerpursuanttoSection4.01(h)hereof,andcausetheBuyertocomplywith,theprovisionsoftheBuyer’slimitedliabilitycompanyagreement,asthesamemay,fromtimetotime,beamended,supplementedorotherwisemodifiedwiththepriorwrittenconsentoftheLender(whichconsentshallnotbeunreasonablywithheldordelayed).

 

(k)AdministrativeandOperatingProcedures.BBBshallmaintainandimplementcommerciallyreasonableadministrativeandoperatingproceduresnecessaryforthecollectionofallReceivables(including,withoutlimitation,RecordsadequatetopermittheidentificationofallRelatedSecurityandCollectionsofandadjustmentstoeachReceivable).

 

(l)Litigation.Assoonaspossible,andinanyeventwithintenBusinessDaysofBBB’sknowledgethereof,BBBshallgivetheBuyernoticeof(i)anylitigation,investigationorproceedingagainstBBBoranyofitsAffiliateswhichmayexistatanytimewhich,inthereasonablejudgmentofBBB,couldreasonablybeexpectedtoimpairtheabilityofBBBtoperformitsobligationsunderthisAgreementormateriallyadverselyaffectthecollectibilityoftheReceivablesasawholeand(ii)anymaterialadversedevelopmentinanysuchpreviouslydisclosedlitigation.

 

(m)Fees,TaxesandExpenses.BBBshallpayallfilingfees,stamptaxesandothersimilardocumentaryorexcisetaxesandexpenses,includingthefeesandexpensessetforththisAgreement,ifany,whichmaybeincurredonaccountoforariseoutofthisAgreementandthedocumentsandtransactionsenteredintopursuanttothisAgreement.

 

(n)ERISAEvents.

 

(i)PromptlyuponbecomingawareoftheoccurrenceofanyERISAEventwhichtogetherwithallotherERISAEventsoccurringwithintheprior12monthsinvolve,underERISA,apaymentofmoneybyorapotentialaggregateliabilityofBBBoranyERISAAffiliateoranycombinationofsuchentitiesinexcessof$5,000,000,BBBshallgivetheBuyerawrittennoticespecifyingthenaturethereof,whatactionBBBoranyERISAAffiliatehastakenand,whenknown,anyactiontakenorthreatenedbytheInternalRevenueService,theDepartmentofLabororthePBGCwithrespectthereto.

 

(ii)Promptlyuponreceiptthereof,BBBshallfurnishtotheBuyercopiesof(i)allnoticesreceivedbyBBBoranyERISAAffiliateofthePBGC’sintenttoterminateanyPlanortohaveatrusteeappointedtoadministeranyPlan;(ii)allnoticesreceivedbyBBBoranyERISAAffiliatefromthesponsorofaMultiemployerPlanpursuanttoSection4202ofERISAinvolvingawithdrawalliabilitybeingassessedagainstBBBoranyERISAAffiliateinexcessof$,_________;and(iii)allfundingwaiverrequestsfiledbyBBBoranyERISAAffiliatewiththeInternalRevenueServicewithrespecttoanyPlan,theaccruedbenefitsofwhichexceedthepresentvalueoftheplanassetsasofthedatethewaiverrequestisfiledbymorethan$,_________,andallcommunicationsreceivedbyBBBoranyERISAAffiliatefromtheInternalRevenueServicewithrespecttoanysuchfundingwaiverrequest.

 

(o)Information.BBBshallfurnishthefollowingtotheBuyer:

 

(i)promptlyaftersendingorfilingthereof,copiesofallreportswhichBBBsendstoanyofitspublicsecurityholders,andcopiesofallreportsonForm10-K,Form10-QandForm8-K(unlesstheForm8-KisfiledsolelytofileexhibitsunderItem7thereof)whichBBBfileswiththeSECoranynationalsecuritiesexchangeintheUnitedStatesofAmerica;

 

(ii)assoonasavailableandinanyeventwithin45daysaftertheendofeachofthefirstthreequartersofeachFiscalYearofBBB,aconsolidatedbalancesheetofBBBanditsSubsidiariesasoftheendofsuchquarterandrelatedstatementsofincomeandretainedearningsandofcashflowsofBBBanditsSubsidiariesfortheperiodcommencingattheendofthepreviousFiscalYearandendingwiththeendofsuchquarter,ineachcase,preparedinaccordancewithGAAP,certifiedbythechieffinancialofficerorthechiefaccountingofficeroftheBBB;

 

(iii)assoonasavailableandinanyeventwithin90daysaftertheendofeachFiscalYearofBBB,aconsolidatedbalancesheetofBBBanditsSubsidiariesasoftheendofsuchFiscalYearandrelatedstatementsofincomeandretainedearningsandcashflowsofBBBanditsSubsidiariesforsuchFiscalYear,auditedbyPricewaterhouseCoopers,LLC,independentaccountants,oranothernationallyrecognizedfirmofindependentaccountants,ineachcase,preparedinaccordancewithGAAP,certifiedbythechieffinancialofficerorthechiefaccountingofficerofBBB;

 

(iv)suchotherinformation,documents,recordsorreportsrespectingtheReceivablesandtheRelatedSecurityortheconditionoroperations,financialorotherwise,ofBBBastheBuyermayfromtimetotimereasonablyrequest.

 

(p)ReceivablesSchedules;ObligorList.BBBshallatalltimesmaintainacurren

展开阅读全文
相关资源
猜你喜欢
相关搜索

当前位置:首页 > 法律文书 > 调解书

copyright@ 2008-2022 冰豆网网站版权所有

经营许可证编号:鄂ICP备2022015515号-1